Listed below are the current inventory and February, 2008 statistics for home sales in the Las Vegas, Nevada real estate market. If you have any questions or need more information about real estate in Las Vegas, Nevada call me at (702) 339-9700 or email me at JohnNovak@kw.com. I'm looking forward to earning your business!

Total Homes Available:

• Single-Family:  11,043  (17.5 month supply*)
• Condo:  2,851  (31.0 month supply)
• Townhouse:  942  (24.8 month supply)

Total Contingent and Pending Sales:

2,561  (as of March 5, 2008)

• Single-Family:  2,138
• Condo:  302
• Townhouse:  121

February, 2008 Sales:

Single-Family:  632  (Price range: $71,000 - $3,800,000) Condo:  92  (Price range: $66,500 - $5,000,000) Townhouse:  38  (Price range: $63,000 - $310,000)

Sales per month   Sep Oct Nov Dec Jan '08 Feb '08 Single Family 610 611 582 544 575 632 Condominium 105 105 81 75 87 92 Townhouse 61 46 54 51 44 38

Single-Family:  $243,950 Condo:  $138,550 Townhouse:  $170,000

Median price by month   Sep Oct Nov Dec Jan '08 Feb '08 Single Family $280,000 $270,000 $260,000 $260,000 $249,000 $243,950 Condominium $163,500 $152,000 $163,800 $160,000 $146,000 $138,550 Townhouse $185,900 $187,250 $193,500 $201,000 $198,000 $170,000

• Single-Family:  88
• Condo:  81
• Townhouse:  88

GLVAR deems information reliable but not guaranteed. Information is for MLS areas 201-505.
* - Supply = Homes Available/February Sales

Neighborhood reports - 4th quarter, 2007:

See also:
     Las Vegas real estate - January, 2008 market statistics
     Las Vegas real estate - December, 2007 market statistics
     Las Vegas real estate - November, 2007 market statistics     
     Las Vegas real estate - October, 2007 market statistics